What is the basic accounting equation
Assets = Liabilities + equity
What does EPS stand for
Earnings per share
Who is the social media manger
Tim
Where is the Damien statue located
CC
Why was Sarbanes-Oxley put in place
To address many large scandals at the time, and prevent them in the future
What side of a T chart does debits reside
Left
What is it called to lower risk by adding more stocks to a portfolio
Diversification
Who is on the wrestling team
Joe
How many pillars are in UAlbany
1248
Who was the biggest company in the late 90s and early 2000s that collapsed due to fraud?
Enron
What type of account is Accumulated Depreciation
Contra asset account
How do you decrease firm specific risk
Diversification
Who helps with resumes in the career center
Aleeza
What is the name of the Business building
Massry
Was Yahoo involved in the making of this act
No, Mainly Worldcom and Enron
What type of account is unearned revenue
Current liability
What is the difference between the market rate and the risk free rate
the market risk premium
Who are the only two Juniors on the E-board
Hamid and James
When was UAlbany founded
1844
Which regulatory body was made by SOX
The Public Company Accounting Oversight Board (PCAOB)
What type of account is Treasury Stock?
Contra Equity
If returns are normally distributed what percent of returns will be within one standard deviation
68%
Who recently turned 21
Arian
Where did the quad's get their names from
The eras of North America
Why is it called Sarbanes-Oxley
Named after its sponsors, Paul Sarbanes and Michael Oxley